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UAE Exchange joins hands with Western Union in Morocco

UAE
Exchange, a leading remittance and foreign exchange brand with a
presence in five continents, has strengthened its ties with Western
Union, a leader in global payments services to extend joint
operations in Morocco. UAE Exchange is already a leading agent for
Western Union in the Middle East.

Group photo (Photo: Business Wire)

Speaking on the occasion Mr. Y. Sudhir Kumar Shetty, COO – Global
Operations, UAE Exchange, said, “Our relationship with Western Union is
strong and dates back several years. We are glad to extend the
experience, expertise and convenience gained over the years to benefit
our mutual customers in Morocco. This further adds to our vision of
bringing more value to the beneficiaries of our customers. Both brands
bring the best of integrity and quality to the table, which is good for
the beneficiaries of our Moroccan customers.”

Aida Diarra, Senior Vice President, North, West and Central Africa at
Western Union, added, “We are happy to be building on our long-standing
relationship with UAE Exchange and extending the benefits of our
combined strengths to consumers here in Morocco. Our focus has
consistently been on increasing access whilst maintaining service
excellence and we are confident that this is a goal we share with UAE
Exchange. In the past 17 years, we have built a network of over 6,200
Agent locations, spanning Morocco, even reaching remote areas with
mobile units through which our contribution to financial inclusion has
been unparalleled.

The aim of being the trusted neighbourhood brand has motivated UAE
Exchange to build the world's largest network in its class with over 650
direct offices in 30 countries across five continents in a span of over
three decades. During that period, the brand has earned the trust of
over 4 million customers worldwide by offering them a wide range of
financial services under one roof. They consider UAE Exchange a true
financial supermarket. This penchant to bring the best to customers has
won UAE Exchange many global awards alongside recognition as a
universally trusted money transfer provider.

As a leader in global payment services, Western Union is a firmly
established industry leader on the African continent with a unique Agent
network of over 26,000 locations spanning more than 50 African markets.

The event announcing the tie up was attended by senior officials of UAE
Exchange and Western Union along with special invitees and the Media.